Scotts Miracle-Gro (SMG) Misses Q2 EPS by 21c; Reaffirms

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ScottsMiracle-Gro Reports Second Quarter Results; Consumer Engagement Surges at the Break of the Lawn & Garden Season

May 5, 2015 7:01 AM EDT

Company reaffirms full-year outlook for adjusted earnings of $3.40 to $3.60 per share Consumer purchases at major U.S. retailers up 5% YTD through May 3 Company-wide Q2 sales increased 2%, up 4% excluding foreign exchange Company-wide Q2 adjusted net income of $2.06 per share

MARYSVILLE, Ohio, May 5, 2015 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden products, today announced financial results for its fiscal second quarter and reaffirmed its full-year earnings outlook based on strong consumer... More